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                        FRIDAY, JULY 4, 2025
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IMF director calls for ‘significant increase’ in gas prices
Journal Staff Report

KIEV, April 18 – The International Monetary Fund is expecting Ukraine to increase gas prices or carry out compensation measures to continue cooperation under the Stand-By Arrangement, said IMF European Department Director Antonio Borges.

"We would like the government to maintain its targets as agreed in the program. The program contemplated a very significant increase in gas prices, which are very, very highly subsidized and which are a very big drain on the budget," he said.




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